By: Andrew Robinson
Many ordinary investors have a fantastic opportunity to diversify and expand their portfolio in this economic crisis. Unlike other hard times in financial markets, just about everything has fallen. This gives investors a chance to “re-do” their portfolio by selling some things they own too much of, and buying things they own too little of.
With [...]
Archive for October, 2008
The Crisis as an Investing Opportunity
October 31, 2008Spreading Risk has Spread Losses with Pension Funds: Jazelle Reed
October 31, 2008href=”http://www.economist.com/finance/displaystory.cfm?story_id=12516688″> http://media.economist.com/images/20081101/D4408FN1.jpg
The idea behind diversification into new asset classes is to improve the trade-off risk and return in your portfolio, essentially, you will be making uncorrelated bets. Pension funds have diversified into new asset classes through buying emerging-market equities, corporate commodities and property, while giving money to hedge funds and [...]
Olympic Endorsements
October 31, 2008By Tom Flynn
As we all know our economy is not exactly doing well at this point in time. We just managed to pass the bailout plan which hopefully will help solve the mortgage crisis that we currently are facing. With that being said, this mortgage crisis has stretched out its arms and has had an effect on [...]
The 10 Most Expensive Colleges
October 31, 2008By: Matthew Schoeneck
The blog has generated a lot of talk about the expense of college and if “College is still worth the price”. CNN.com recently came out with the top 10 most expensive colleges to attend. The top 10 most expensive colleges:
[...]
The Personal Financial Problems of Jose Canseco: By Michael McArdle
October 31, 2008Last week I was watching a new documentary on A&E called “Jose Canseco: Last Shot” and it became apparent how bad this infamous major leaguer of the steroid era had fallen. The entire hour felt like a ploy for the viewer to be sorry for him and I felt dirty [...]
How will Spending on Toys be Effected this Holiday?
October 30, 2008
As the holiday’s approach many wonder where toy sales will be in response to the financial crisis taking place currently. Everyone is looking to cut back spending but will they cut back on their spending for their children’s gifts of toys?
Grandparents Richard and Betty Evans pledge to do no such thing. The have made no [...]
Exxon able to break records during times life theses?
October 30, 2008
As the world almost freezes over (financially) its amazing that any company is able to turn profits. Well in the case of Exxon Mobil, such is not the case. In fact, Exxon has not only turned a profit, but has set a record profit in U.S. History. You may ask yourself how? well with almost [...]
Renters: Down and Out
October 29, 2008By: Zakiya Adams
The mortgage crisis has obviously hit homeowners and lending institutions the hardest, resulting in what some call the greatest economic crisis that America has ever faced. Though this crisis is now an issue that every American has to face one innocent group being heavily affected yet left unprotected are renters. Until recently, renters, [...]
Top 5 Ways to Boost Your Home’s Value
October 28, 2008
Believe it or not there are some very simple methods to increase the value of your home. Despite the declining value of many homes, there are some ways to try to curb this trend and to increase the value. Some easy and somewhat inexpensive renovations will not cost you much, but will put some more [...]
The new investment: Gas by Pierre Carras
October 27, 2008After seeing oil prices fall 60 percent from a record high $147.27 a barrel in July to an eight month low today to $63.22 a barrel, I can’t help but think that the price of oil will increase both in the short-term and long-term. This leads me to an idea that can end up saving Americans that [...]
Money Matters…even few pennies add up
October 26, 2008By: Hua Li
People make good money but still find themselves living paycheck to paycheck. So how do you help yourselves stop the spending a thon and start saving toward your dreams?
Financial situation is a major source of anxiety and friction for everyone. Even though you might be earning a well amount, but what about the [...]
Financial crisis could be good in the land of football…For some. By Josh Williams
October 23, 2008
Even if you do not follow soccer, or in other parts of the world football; you have seen or heard of England’s greatest team-Manchester United. Usually Manchester United would have nothing to do with the financial crisis except their sponsors are in some trouble. Manchester United signed a four year deal with the major insurance [...]
Funding Higher Education School By: Jake Kuss
October 22, 2008Are you contemplating going to grad school for your higher education?
Given the recent wave of lay offs, people around the country are contemplating their next step. Hiring has slowed. Job seekers are taking an average 4.5 months today to land a new gig, according to the Bureau of Labor Statistics. So more adults are thinking [...]
ID Theft Increases During Tough Times, By Matthew Wettje
October 22, 2008As the economy declines, people need to become more educated on how their personal data can be stolen. As a result of crime increases during hard economic times, people not only need to worry about their job and portfolio, but their identity as well.
Database breaches get a lot of attention because information is floating around [...]
Is College still worth the price?
October 22, 2008By Josh Goodman
College tuition and costs have increased more than 20% in the past ten years. It would seem logical that the prices would lower but instead it has been increasing steadily. People feel that if their child goes to a good school then the education is worth it and the price is also worth [...]
Economic Development V.S. Environmental Protection by Ming Liu
October 20, 2008Finally it is getting cold lately in Syracuse. But can you imagine that about three months ago the weather was like burning? Maybe people from twenty years ago did not even need a fan to get through the summers. Today, because of global warming, we are even afraid to go to the places without [...]
With the Bad Comes the Good by Alex Chung
October 20, 2008
The state of the current economy has taken a toll on the nation; however, despite the flailing stock market, some good has come out of this catastrophe. The average consumer will be able to capitalize on lower prices during the upcoming year by saving money on the four necessities of modern civilization, oil, food, [...]
Steelers Owners Struggle to Find Right Price, By: David Levy
October 20, 2008The state of our economy and the uncertainty of our future president is a concern to everyone in the nation, not just the working class. Take a look at The Rooney Family, owners of the Pittsburg Steelers. There are five brothers, four of which are owners, Tim, Art Jr., John and Pat. Each brother owns [...]
The Worth of your College Education, by Jonathan Weinstein
October 20, 2008
As we sit in our classes sometimes, especially classes unrelated to our majors (astronomy, geology, etc.) we often wonder “wow what am I paying so much money for, I know that it is in my best interest to get a degree but how much? Will I really earn that much more money?” The answer to [...]
What’s Best for Our Generation? Op-Ed – BMKRIGER
October 20, 2008New American Gothic
What’s Best for Our Generation? Op-Ed
The Financial Crisis:
Our parents’ retirement accounts, life savings, real estate, and other assets may have declined in value this year and might continue to do so long for a while.
Billions of tax dollars are being spent in order to try and elevate the financial downpour.
But, is this [...]
The effect of the herd mentality by Stephanie Han
October 19, 2008The world’s markets today are definitely those that are volatile and highly reactive to the herd mentality. People tend to follow the crowds and do whatever the others are doing especially in regards to fear of the markets. The impact of fear and panic has driven companies to lose millions upon billions in profits and [...]
Falling prices isn’t necessarily a good thing By: Jason Hong
October 17, 2008The erratic stock market, the credit crisis and the changing of interest rates have the whole country worried. Economists are convinced of a recession and many are worried about inflation. Although a recession and inflation are legitimate worries, it seems that there is something that many are overlooking. That is deflation. The falling oil prices [...]
Some Interesting 401k Ideas
October 17, 2008By: Scott Lepkofker
Retirement is a concept most young adults don’t yet understand, perhaps it’s due to the relatively short life we have so far lived compared to the amount of time we are going to have to spend working and saving money. I came upon some interesting articles online explaining the importance of managing [...]
A Quick Look Into the Future
October 16, 2008There is a certain point where things can’t get any worse. I feel the United States economic crisis is heading towards the finish line with so many measures put in place to help. More specifically, I think there are three things that are about to make a reversal in the economy: the unemployment [...]
Some information that might interest you
October 15, 2008
Here are the links to the slides for chapters 5, 6, and 7:
Chapter 5 powerpoints
Chapter 6 powerpoints
Chapter 7 powerpoints
Here are the solutions to the end of chapter problems:
Chapter 5 solutions
Chapter 6 solutions
Chapter 7 solutions
With Credit Drying Up, Car Buyers Bring Cash
October 14, 2008
Brian Hubbell
The few consumers who are buying new cars are being forced into bigger down payments or all-cash deals in the latest sign of how the credit crisis is battering an already weak auto market. The average down payment on financed car purchases has jumped nearly $1,000, about 20 percent, since July, and all-cash transactions are at [...]
Lying on Your Resume
October 13, 2008In the wake of last year’s cheating at Duke and the alleged cheating on the GMAT, business schools are now scrutinizing applications harder than ever. The so called puffing, or inflating and exaggerating your experience, skills, or qualifications could get you denied from certain schools.
A recent survey from CareerBuilder.com shows nearly 10% of applicants [...]
How Safe are Your Savings Accounts?
October 13, 2008By Liz Healey
The financial crisis has caused many people in America to panic. Some are even removing their money from bank accounts in order to literally put it under their mattress. However, when enough people do this, it can cause smaller banks to have “bank runs” and go out of business. In reality, most [...]
Dr Boyce Finance: Credit Reports 101
October 13, 2008By Dr. Boyce Watkins
www.DrBoyceFinance.com
Where do Credit Scores come from?
Unlike babies, credit scores do not come from a financial stork. There are 3 major credit bureaus in the United States: Experian, Trans Union and Equifax. Companies subscribe to their services to obtain information about you to decide if you are credit worthy or not. Under [...]